(Reuters) – U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.S. economy than investors had feared. The Dow ended the session slightly lower, but all three indexes rose for the week and registered a second straight […]

(Reuters) – United Airlines Holdings Inc (UAL.O) said on Friday it will be eliminating 13 officer positions as it consolidates roles and restructures some key departments to address the severe financial impact of the coronavirus crisis on its business. Under the restructuring, which goes into place on June 15 and follows a management reshuffle announced […]

(Reuters) – Wall Street ended lower on Thursday following a late-session reversal, with Facebook weighing on the market after President Donald Trump said he would sign an executive order related to social media companies and would hold a news conference on China on Friday. Shares of Twitter Inc (TWTR.N) ended down 4.4% and Facebook Inc […]

David Lawler, a Denver native and CEO of BPX Energy, is adding the job of BP America’s chairman and president to his portfolio. Lawler will become BP’s chief representative in the U.S. July 1, the company announced Thursday. He will succeed Susan Dio, who is retiring after 36 years with the company. BPX Energy is […]

(Reuters) – The love-hate relationship many investors had with U.S. stocks during the more-than-decade-long bull market is reemerging, as equities steadily climb in the face of economic devastation and uncertainty over the coronavirus pandemic. While the benchmark S&P 500 index has surged 34% from its March lows and the Nasdaq Composite is just 6% short […]

SINGAPORE – The Government has launched the sale of a second residential site this year, while again giving developers more time to assess the property market under the Covid-19 situation before submitting any bids. The land parcel at Tanah Merah Kechil Link is for a mixed residential development with the first storey slated for commercial […]

WASHINGTON (Reuters) – Business groups are urging U.S. President Donald Trump to go slowly in responding to Bejing’s planned imposition of new national security laws on Hong Kong, warning revoking the city’s special U.S. privileges will hurt the territory and its people. U.S. Secretary of State Mike Pompeo declared here on Wednesday China’s actions had […]

WASHINGTON (Reuters) – Two U.S. senators said on Wednesday they could draft further sanctions on Russia’s Nord Stream 2 natural gas pipeline if Moscow finishes laying pipes for the project. U.S. sanctions legislation originally sponsored by Senators Ted Cruz, a Republican, and Jeanne Shaheen, a Democrat, in December halted work by Swiss-Dutch company Allseas on […]

The Brown Palace Hotel & Spa in Denver plans a scaled-down reopening in the months ahead, but it won’t be enough to recall 298 members of its staff. Merritt Hospitality, which manages the iconic downtown hotel, informed the Colorado Department of Labor in a Worker Adjustment and Retraining Notification Act letter that it would extend […]

MEXICO CITY (Reuters) – Mexico’s auto industry reopening picked up pace on Tuesday, with Fiat Chrysler (FCHA.MI) and BMW AG (BMWG.DE) joining peers in gradually dusting off operations even as the wait for approvals slowed the return of Ford Motor Co (F.N) and other companies. In mid-May, officials said the industry could exit a mandatory […]